MeyGen has passed 1 GWh exported to the grid, Tim Cornelius CEO of Atlantis and Chairman of MeyGen informed. Two Andritz Hydro Hammerfest (AHH) tidal turbines are generating clean energy to the UK grid at the MeyGen site. The turbines were recently reinstalled at the MeyGen tidal array site in the P
Nova Innovation has been awarded a grant of £265,000 by Cronfa Cymunedau’r Arfordir (Coastal Communities Fund) to help to establish its operations in Wales. The funding, which will be spread over a three-year period, will help to support four full-time posts in North Wales and the establishment of a
Marine Energy Wales has received funding from the Coastal Communities Fund for their Marine Energy Test Area (META) project. The project aims to create pre-consented testing areas in the Milford Haven Waterway for technology developers to deploy non-grid connected devices, test components and deploy
With the €1.0 million grant from the German Federal Ministry for Economic Affairs and Energy (BMWi), SINN Power plans to expand its research activities on Crete with additional wave energy converter tests over the next two years. Using the financial support of the German Federal Ministry for Economi
Resolute Marine and the Cape Verde National Institute for Fisheries (INDP) signed a Memorandum of Understanding (MoU) regarding site characterization and resource assessment studies to take place at Praia Grande on the island of Sao Vicente. The Praia Grande site has been targeted as an ideal locati
Wello Oy has informed that Penguin wave energy converter (WEC) has now been operational 150 days since its deployment from the beginning of March. The 1MW Penguin WEC was installed at the European Marine Energy Centre’s (EMEC’s) grid-connected wave test site at Billia Croo by Orkney-based Green Mari
Tidal Energy Today has compiled the top news from tidal and wave energy industry from July 31 – August 6, 2017. Albany wave energy project tender released A request for proposals from industry for wave energy project in Albany has been released on Monday. This represents a significant step forward f
TC’s Energy has entered into a binding commitment letter with TC’s Energy under the Mesa Fund 1, a global opportunity fund that is managed by Milost Global. This is for the previously announced $2 billion financing facility with Milost for the wave energy project in Ghana. Anthony Opoku, President &
The marine energy industry has a role to play in the EU electricity supply by 2050. This requires advancement in the certification and verification of technologies in order to access commercial funding. The Marine Energy Event, organized in cooperation with the Dutch Energy from Water Association (E
Atlantis has informed that Simon Counsell will stand down as Chief Finance Officer (CFO) of the company, effective August 31, 2017. The company decided to name Andrew Dagley, current Head of Corporate Finance, as the new CFO. Simon has been with Atlantis since October 2015 and led the finance team t
Tribute Resources announced the execution of a Term Sheet which outlines terms for a share exchange of Tribute shares for the remaining 53.5% of the issued and outstanding shares of Tocardo International BV. Upon completion of the transaction outlined in the Term Sheet, Tocardo will be a wholly owne
Simon Forrest, CEO of Nova Innovation, has joined the Ocean Energy Europe board of directors. Nova will now bring their experience to bear at EU level and help guide the ocean energy sector towards industrialization. Since its inception in 2010, Nova has been at the forefront of tidal energy technol
Western Australia and the Nation are set to become a global leader in marine and ocean research with the opening of a new multi-million dollar research centre at The University of Western Australia. The Indian Ocean Marine Research Centre (IOMRC), which is home to the largest cohort of marine resear
WavEC Offshore Renewables has launched the English version of the Licensing Guidance for Marine Renewable Energy (MRE) projects in Portugal. The purpose of the Guidance is to describe the various steps of the licensing process for MRE projects on the Portuguese mainland coastal area, excluding the a
